e-commerce
Vangoo Capital leads China’s luxury goods site Series C round
Japan’s Vangoo Capital Partners has led a Series C round funding for Secoo.com, a Chinese luxury goods e-commerce platform. The investment sum was undisclosed.Existing investors IDG Capital, French venture capital firm Vantech Capital and Shanghai-based...
Revolution Growth invests $40m in Australia's Bigcommerce
US venture capital firm Revolution Growth has invested $40 million in Australian tech start-up Bigcommerce. The company sells e-commerce software for online retailers covering website design, store management, marketing and electronic payments.
Kartrocket gets seed funding from 5ideas Startup Superfuel, 500 Startups
Indian e-commerce platform Kartrocket has raised a seed round of funding from 5ideas Startup Superfuel and 500 Startups.
China’s SAIF invests in COFCO-run food retail site
SAIF Partners has invested in Womai.com, a food and grocery B2C online platform set up by Chinese food conglomerate COFCO. Financial terms were not disclosed but the investment is said to be more than $10 million.
India’s FlipKart shops a $200m round
Indian e-commerce is in a state flux. While penetration is still relatively low compared to developed nations - just one in 10 Indians has access to the internet - the industry was worth $14 billion last year and growing rapidly. Competition for wallet...
Investors commit another $26m to Australia fashion site The Iconic
Australian fashion online retailer The Iconic has picked up A$28 million ($26 million) through a new round of funding led by Verlinvest, a Belgium-based investment firm set up by the founding families of Anheuser-Busch InBev. Existing shareholders Investment...
China’s LightInTheBox sets IPO terms, targets up to $87m
VC-backed Chinese online retailer LightInTheBox plans to raise up to $87 million through its IPO on the New York Stock Exchange (NYSE).
Chinese IPOs in the US: Green shoots
Online retailer LightInTheBox is seeking to become only the third Chinese company to list in the US in more than a year. But has investor sentiment emerged from its long winter?
Indian government stays firm on its e-commerce FDI ban
The Indian government has said it will not revise its current ban on foreign direct investment (FDI) in India's e-commerce sector.